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Step Back, Macro Time

There are a lot of factors coming together this month. In a sense the numbers, the FED and commentators are finally admitting that the markets are not about productivity and earnings, but solely about the Funny Money pile that commenced…Continue Reading →

The Long Game

Market moves tend to be dominated by short term players. At the moment it appears that we are looking at the second half of the 40-year supply-demand period. Later this week will will post a study that we have done…Continue Reading →

Massive Rotation

As the market tries to make sense of the big question, the debate between Hot Inflation and Developing Recession, things are getting interesting. The first reaction which started yesterday and makes the Pivot value for Monday 1/2/22 close as important…Continue Reading →

Hammerhead Top

There is a lot that points to this being an important point in the 40 year supply side inequality play. See the following two charts. The Chart here is from my good friend Ron Griess at Thechartstore. It shows the…Continue Reading →

Fundamental Takeover

In my mind, 2022 will be a year when fundamentals take back the markets from the manipulators and all their followers. At the moment the questions looming as the fundamentals come back, will Inflation or Depression take over the markets….Continue Reading →